FILE - Former mayor of New York Michael Bloomberg speaks during the Earthshot Prize Innovation Summit in New York, Tuesday, Sept. 19, 2023. Bloomberg Philanthropies unveiled a $50 million initiative Wednesday, Oct. 18, to help cities address global issues, including climate change, by launching programs proven effective in other cities around the world..
The new initiative, announced at the Bloomberg CityLab conference in Washington on Wednesday, formalizes a process that CityLab has used for years. As former mayor of New York City, Bloomberg knows the importance of seeking out ideas that other cities have already proven, said James Anderson, who leads Bloomberg Philanthropies’ Government Innovation Program.
The Bloomberg Cities Ideas Exchange builds on the success of programs like an environmental initiative in Lincoln, Nebraska, that turns wood waste into a charcoal-like material called biochar that reduces the amount of carbon dioxide released into the atmosphere. Without the Bloomberg Philanthropies grant, Lincoln would not have been able to launch the biochar initiative so quickly, Gaylor Baird said. Or receive a $100,000 grant from the Nebraska Forest Service.
The Bloomberg Cities Ideas Exchange is designed to help cities in that effort, Anderson said. Numerous projects, highlighted by Bloomberg Philanthropies' Global Mayors Challenge, have already been replicated by cities around the world.
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